South China Morning Post

HK eyes SE Asia, Mid-East ties amid plans for festival

- William.yiu@scmp.com

William Yiu

Hong Kong will focus on business collaborat­ions with Southeast Asian and Middle Eastern countries under the country’s belt and road plan, the head of the initiative’s local wing has said amid plans to launch a festival championin­g the scheme among residents.

Commission­er for Belt and Road Nicholas Ho Lik-chi, who oversees Hong Kong’s role in the national drive, yesterday said Malaysia, Thailand, Indonesia, Vietnam, the United Arab Emirates and Saudi Arabia offered prime areas for exploring cooperatio­n this year. He added that the city’s efforts needed to be more concentrat­ed to ensure intermedia­te results as Beijing’s Belt and Road Initiative to create a Chinacentr­ed trade network covered more than 100 countries.

“This year, we are preparing to go to Asean and Middle East countries, and we will also explore Central Asia regions,” he told a radio programme.

“Some of our visits will be official delegation­s by different government department­s to attract enterprise­s and investment, and we will also hold some business missions with profession­al services, the young groups and start-ups.”

The Hong Kong government earlier announced plans to launch business missions targeting five belt and road countries this year.

The missions will organise visits to the Greater Bay Area for Hong Kong-based enterprise­s from belt and road countries to promote the city as a service hub for entry into the mainland Chinese market.

Ho said the countries mentioned yesterday had expressed a particular interest in the city’s green developmen­ts in terms of finance, profession­al service, certificat­ion, technology and start-ups.

“For example, Thailand and the Middle East have to promote their economic restructur­ing and their leaders announced their goals of carbon neutrality with a green vision,” he said.

“Therefore, the first thing they came to Hong Kong was to tell us they wanted to seek some economic partners on the green aspect.”

The commission­er said the city would also pursue more opportunit­ies in Central Asia and North Africa over the next few years.

The government earlier said it aimed to set up two consultant offices in Turkey and Egypt.

Ho revealed city authoritie­s also planned to hold the first “Belt and Road Festival” during this year’s annual summit covering the global trade initiative.

“During the summit, we would like to hold some activities relating to culture, sports, tourism and cuisine [of the belt and road countries],” he said.

“We hope some activities on the belt and road will be organised in various districts in Hong Kong, in a bid to bring the initiative and residents closer and let people feel engaged.”

Authoritie­s would work alongside various cultural and sports organisati­ons to launch the festival, Ho added.

 ?? ?? Nicholas Ho (right) says Central Asia also offers opportunit­ies.
Nicholas Ho (right) says Central Asia also offers opportunit­ies.

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